Project+ Study Notes 1

Question 1

Projects exist to bring about or fulfill the goals of the organization. Most projects benefit from the application of a set of processes and standards known as project management.

Answer 1

Project Info

Question 2

is a temporary endeavor that has definite beginning and ending dates, and it results in a unique product, service, or result. A project is considered a success when the goals it sets out to accomplish are fulfilled and the stakeholders are satisfied with the results.

Answer 2

Project

Question 3

also bring about a product, service, or result that never existed before. This may include creating tangible goods, implementing software, writing a book, planning and executing an employee appreciation event, constructing a building, and more.

Answer 3

Projects

Question 4

A project is typically undertaken to meet a specific business objective. It involves doing something new, which means that the end result should be a unique product or service. These products may be marketed to others, may be used internally, may provide support for ongoing operations, and so on.

Answer 4

Project Must fit the following Criteria (Unique)

Question 5

have definite start and end dates. The time it takes to complete the work of the project can vary in overall length from a few weeks to several years, but there is always a start date and an end date.

Answer 5

Project must fit the following criteria (Temporary Projects)

Question 6

A project comes about to fulfill a purpose. This might include introducing a new product, fulfilling a business objective or strategic goal, satisfying a social need, and any number of other reasons. It’s important to document and communicate the purpose and reasons for the project so that team members remain focused on achieving the goals of the project.

Answer 6

Project Must Fit Following Criteria (Reason or Purpose)

Question 7

A project starts once it’s been identified, the objectives have been outlined in the project charter, and appropriate stakeholders have approved the project plan. A project ends when those goals have been met to the satisfaction of the stakeholders.

Answer 7

Project Must Fit Following Criteria (Stakeholder Satisfaction)

Question 8

Once you’ve identified the project, you’ll validate the project, and then write the project charter and obtain approval for the charter.

Answer 8

info

Question 9

is a group of related projects that are managed together using coordinated processes and techniques. The collective management of a group of projects can bring about benefits that wouldn’t be achievable if the projects were managed separately.

Answer 9

Program

Question 10

are collections of programs, subportfolios, and projects that support strategic business goals or objectives. Unlike programs, portfolios may consist of projects that are not related.

Answer 10

Portfolios